Millennium Palms in Orlando
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Live Market Pulse
24/100
Market Heat
Cooler than normal
2016 → 2026 · 86 at the 2023 peak
0 is Millennium Palms's coldest market since 2016, 100 its hottest. Today: 24. How it's scored
Built fromLive Stellar MLS data11 years of closingsUpdated twice daily

As of October 2026, Millennium Palms in Orlando, FL has 5 homes for sale and 1 pending, asking from $85,000 to $139,900 (median $98,000). Over the 12 months ending 2026-09-20, 8 recorded sales closed at a median of $98,250, $101 per square foot, a median 107 days on market, sellers accepting 85% of original asking (-22% versus the prior year). Homes listed or recently sold were built 1973 - 1973; 9 of 17 report an HOA (median $409/mo); none of the 16 geocoded homes sit in a FEMA special flood hazard zone (median elevation 97 ft). At the median price and Orange County's FY2025-26 rate of 16.67 mills, annual property tax runs about $1,640 ($970 with the full homestead exemption).

Last 30 days in Millennium Palms: 1 under contract right now, 1 closed sale (median $85,000). As of October 24, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.

Live · Millennium Palms Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$98K ▼
Median sold · 12 mo
down 22.3% vs the prior 12 months
-22.3% ▼
1-yr price change
n = 8 and 6 sales in the two windows
$101/sf
Sold $/sqft · 12 mo
peak $131 in 2024
85.2%
Sale vs ask
Tempo
8.4mo
Supply
3 to 6 months is the balanced band
108days
Median DOM · closed
10 days at the 2023 low
13%
Under contract
Orange: 23% (1,755 of 7,529)
7 · 1
For sale · pending
live counts, refreshed twice daily
8
Sold · last 12 mo
10-yr average: about 7 a year
Track record · 11 years of records
976sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Millennium Palms

Live MLS inventory for Millennium Palms. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Millennium Palms listings as of 2026-10-23, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2015 through 2026. Tap any home to ask about it.

Millennium Palms Housing Pulse · Momentum Research · as of September 20, 2026

Millennium Palms right now

🟢 Buyer-leaning market. 8.4 months of supply and 12% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 20, 2026. Confidence: High (8 active and pending listings, 8 closed sales in 12 months).

🔴 Off the recent peak. The trailing-12-month median ($98K) is down 22.3% from the prior 12 months ($126K). With about 7 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending September 20. Confidence: Medium (8 and 6 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated October 24, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Millennium Palms market snapshot (as of September 20, 2026): the median sale price is about $98K ($101 per sq ft over the trailing 12 months of closed sales), a median 108 days on market for closed sales, and 8.4 months of supply, a buyer-leaning market. The trailing-12-month median is down 22% from the prior 12 months, computed from record-level Stellar MLS closed sales (8 closings in the current window).

In ZIP 32839 (Orlando), 287 homes closed in the last 12 months at a median of $350K ($244/sq ft), down 10.0% year over year, with a median 45 days on market. Right now 69 active and 24 pending listings put supply at about 3.2 months - a balanced market. See the live ZIP 32839 housing market and the Orange County market.

Stellar MLS sales records identify 64 homes in Millennium Palms that have changed hands since 2009, built between 1973 and 1973 (median 1973), with a median living area of about 976 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Flood zones in Millennium Palms: of 11 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Orlando.

Windows contain 0 to 16 sales each (8 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2015 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$50K$100K201620182020202220242026
Down 22.3% year over year.
Every sale since 2015 · price vs size
$0$50K$100K$150K1k1k1k
87 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$50$100201620182020202220242026
Up from $42 in 2015 to a $131 peak in 2024; $101 now.
Median days on market · closed sales
0200400201620182020202220242026
10 days at the 2023 low; 108 now.
Sale price vs original ask · median
80%90%201620182020202220242026
85.2% now.
Homes sold per 12-mo window
051015201620182020202220242026
0 to 16 a year; 8 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016201820242026
86 at the 2023 peak, 24 in the troughs, 24 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Orange County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,571/mo
Orange County typical true cost to own
$117/mo
Orange County typical home insurance
Has a CDD
Bond assessment on top of taxes

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Millennium Palms Market Scorecard

Balanced

Millennium Palms is currently a balanced market. About 5.5 months of supply, a median asking price of $98,000, and homes go under contract in about 78 days.

5.5
Months supply
$98,000
Median list
$100,000
Median sold
$110
Per sqft
78
Days on mkt
5/1/11
Active/Pend/Sold

Typical home value in the 32839 ZIP is $231,976, about 7.6% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Orange County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Millennia Elementary · Elementary
  • Memorial Middle · Middle
  • Oak Ridge High · High

Zoned schools reflect the assignments reported on recent Millennium Palms listings and can change; always confirm with Orange County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Millennium Palms address.

Recent Developments in Millennium Palms

Development, infrastructure, retail, and school activity affecting Millennium Palms, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.

Dev Momentum78/100 · High
  1. September 2026
    Development

    Orange County commissioners approve Tuscana land use plan in Shingle Creek Basin on 4-3 vote

    Commissioners voted 4-3 to approve the Tuscana land use application from Shingle Creek Co-Owners LLC and Geyer Development, reversing a unanimous rejection in May 2025. The plan includes more than 1,000 hotel rooms, about 4,000 apartments and commercial buildings, with conditions for a raised road, flood mitigation and wetland protection. The developer projects thousands of jobs at full build-out.

    What it may mean for the marketThe approval could add substantial rental housing, hotel capacity and commercial space in the Shingle Creek area, while flood-mitigation conditions will shape how and when it is built. The site is about 8 miles southwest of Millennium Palms.

    Source: Spectrum News 13
  2. August 2026
    Retail & Dining

    Plans for Mattel indoor water park near Lake Buena Vista Factory Stores expand to 13 acres

    Updated plans for the site off State Road 535 show a 95,000-square-foot indoor water park designed by Martin Aquatic, a separate 45,000-square-foot entertainment building and nearly 900 parking spaces. The tower height rises to as much as 100 feet and still needs Orange County approval. About 200 jobs are expected, and no opening date has been announced.

    What it may mean for the marketThe project would add visitor attractions, dining and roughly 200 jobs near the State Road 535 corridor, with added traffic and parking demand nearby. The site is about 9 miles southwest of Millennium Palms.

    Source: FOX 35 Orlando
  3. July 2026
    Development

    Orange County opens Enclave at Canopy Park with 104 affordable units

    Orange County opened The Enclave at Canopy Park, a 104-unit affordable apartment community at 4440 Canopy Park Loop developed by Archway Partners. The county contributed 3 million dollars from its Affordable Housing Trust Fund. The community includes one and two bedroom homes plus a community center, fitness center, technology lab, and EV charging.

    What it may mean for the marketAdds 104 income-restricted apartment homes to the local rental supply along with new community amenities and green-certified construction. The site is less than a mile southeast of Millennium Palms.

    Source: ClickOrlando
  4. June 2026
    Development

    Mixed-use high-rise redesigned for 924 and 934 North Magnolia Avenue

    A redesigned 17-story mixed-use high-rise was proposed for 924 and 934 North Magnolia Avenue in Orlando's North Quarter district by Acram Group. The project would include 350 residential units, about 3,300 square feet of ground-floor commercial space, and a parking garage with 510 spaces, replacing two 1972 office buildings. A public plaza is planned at the corner of Magnolia and Weber Street.

    What it may mean for the marketWould replace two aging office buildings with 350 residences, ground floor retail, and structured parking, adding housing density and a public plaza along the Orlando Urban Trail. The project is about 5 miles northeast of Millennium Palms, elsewhere in Orange County.

    Source: Florida YIMBY
  5. June 2026
    Development

    Planning board approves zoning for 37-story tower at 170 East Washington Street

    Orlando's Municipal Planning Board voted to approve a Planned Development amendment for a 37-story, 425-foot mixed-use tower at 170 East Washington Street across from Lake Eola Park. The project would include 252 residential units, a 221-room hotel, a three-story restaurant, and structured parking. It still requires City Council consideration before construction.

    What it may mean for the marketWould add a 37 story tower with 252 residences and a hotel to the downtown skyline, replacing a prior approval for a 7 story hotel and increasing high density housing and parking supply. The project is about 4 miles northeast of Millennium Palms, elsewhere in Orange County.

    Source: Florida YIMBY
  6. March 2026
    Development

    Orlando approves the 380-acre Dowden Central Community Development District in Lake Nona

    Orlando approved the Dowden Central Community Development District, a roughly 380-acre district in the Lake Nona area of southeast Orlando, in March 2026. The district provides the framework to build roads, drainage, utilities, and parks for future development phases.

    What it may mean for the marketA new community development district lays the groundwork for large-scale growth in the Lake Nona area, a step that typically precedes new housing and commercial activity nearby. The site is about 11 miles southeast of Millennium Palms.

    Source: ClickOrlando

Development alerts for Millennium PalmsGet a short monthly email when something new is approved, funded, or opens near Millennium Palms.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in the Orlando Metro.

If we were buying in Millennium Palms today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Millennium Palms.

A closer look at the Millennium Palms market

At a median of $101 per square foot, Millennium Palms prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

Inventory runs at 8.4 months of supply, a buyer-leaning market and the trailing-12-month median down 22% year over year. Homes that do trade take a median 108 days on market, useful leverage on any listing that has lingered.

“

The location and the amenities are priced into every listing in Millennium Palms. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
0.7D · Buy Score
Recent Direction0.4/10
Liquidity & Demand1.6/10
Pricing Power0.1/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (0.7). Basis: Recent Direction -22.3% year-over-year; Liquidity & Demand 8.4 months of supply; Pricing Power 85.2% sale-to-list. Refreshed with each data update.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Millennium Palms sales matched to your home.

What is your Millennium Palms home worth?

Get a no-obligation home value based on real comparable sales in Millennium Palms, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Orlando →

Real comps, not an automated estimate.

Recently off market in Millennium Palms

Homes in Millennium Palms that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 5 on record.

Millennium Palms key facts
LocationOrlando, Orange County, FL · ZIP 32839
Home types (current listings and sales)condos 100%
Amenities listed by sellersPool, Clubhouse, Gated Community - No Guard, Playground, Community Mailbox, Fitness Center
Sale prices, last 12 months$98,250 median across 8 closed sales · $101 per sq ft · -22.3% vs the prior 12 months
Days on market (closed sales)107 median
For sale right now7 active, 1 pending · median asking $105,000 · 8.4 months of supply

Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2015 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Millennium Palms key facts,” movewithmomentum.com/neighborhoods/millennium-palms-orlando, data as of September 20, 2026.

Housing distress & ownership in Millennium Palms, Orlando

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
6.67%
1 of 15 listings · short sale 1
Distress share trend - 6.67% now (2026-08-10 → 2026-10-22)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period October 2026 through October 2026. Deemed reliable but not guaranteed.

Just listed in Millennium Palms

The newest homes for sale in Millennium Palms right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS nightly. All new listings in this market.

Every Home for Sale in Millennium Palms Orlando Right Now (6)

All 6 active and pending Millennium Palms Orlando listings with a detail page, newest first, refreshed twice a day from the MLS.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

What it really costs to own in Millennium Palms Condos for Sale

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

HOA duesMedian $409/month across 9 MLS listings (most billed monthly; 2026-10-24). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe average Citizens Property Insurance premium in Orange County is $1,409/yr (4,204 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 11 listing addresses checked against the FEMA flood map, 100% sit outside the high-risk zone. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes).
Roof and ageMedian build year 1973 across 16 listings. An original roof here would be about 53 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails.

Email me new listings in Millennium Palms Condos for Sale

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Millennium Palms Condos for Sale

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Millennium Palms Condos for Sale will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Frequently Asked Questions

What is the median home price in Millennium Palms?
The median sale price in Millennium Palms was $98K over the 12 months ending September 20, 2026 (8 closed sales, Stellar MLS).
How long do homes in Millennium Palms take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 108 days on market (8 sales, Stellar MLS).
Is Millennium Palms a buyer's or seller's market right now?
As of September 20, 2026, Millennium Palms leans toward buyers: 8.4 months of supply at the current sales pace (Stellar MLS live counts).
Who is the best real estate agent for Millennium Palms?
The best agent for Millennium Palms is one who actively works Orlando and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Millennium Palms.
How do I find a top Orlando real estate agent who knows Millennium Palms?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Millennium Palms and the wider Orlando area.
Can Momentum Realty connect me with an agent for Millennium Palms?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Millennium Palms purchase or sale - no call center and no pressure.
Where is Millennium Palms, and what county is it in?
Millennium Palms is in Orlando, Orange County, FL, ZIP 32839. The community's center is about 3 miles southwest of the center of Orlando (straight-line).
Is Millennium Palms in a flood zone?
No, for the homes we can see: all 11 homes we sampled in Millennium Palms sit outside a FEMA Special Flood Hazard Area (Zone X), where a lender does not require flood insurance. Flood zones are drawn parcel by parcel, so check the exact address on FEMA's flood map before you close; the flood section on this page shows the community's mix.
Is Millennium Palms a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Millennium Palms: the median sale price over the last 12 months was $98K (8 sales), 76% below the Orlando median of $415K; homes took a median 108 days to go under contract; supply is 8.4 months at the current sales pace, which favors buyers. The full numbers, price history and the flood and school sections are above.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: October 23, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesStellar MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2015 (87 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.

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More on Millennium Palms Condos for Sale in Orlando

Thinking of selling in Millennium Palms? 8 recorded closings; median 107 days on market (window ending 2026-09-20). See the Orange County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Millennium Palms with Momentum Realty’s local guides.

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